Coal Investing News reports a coal and mining law was passed in Indonesia recently. The new Bill on Minerals and Coal Mining replaces the 1967 legislation and requires the review of all current contracts. It gives the Indonesian government more control over minerals and coal output and deems certain areas as national reserves for domestic supply and [...]
Continue reading "Indonesian mining law scrutinized"
Tuesday, December 9, 2008
Silver Investing News reports silver metal has been hit with lower prices and higher production costs. U.S. miners are now faced with a new challenge as a Democratic-majority Congress is threatening mining reform legislation that has many in the industry worried about the future of mining under the Obama administration. For complete story, click this link. Follow [...]
Continue reading "The U.S. mining industry in jeopardy?"
Thursday, December 4, 2008
Coal Investing News reports metallurgical coal is facing price cuts while thermal coal is facing a positive outlook. As demand for steel exploded in developing nations like China earlier this year, the price of metallurgical coal tripled to over $300 per tonne, said Jim Thompson, Editor of Coal & Energy Price Report. “Prices had gone to [...]
Continue reading "Coking coal price cuts"
Friday, October 31, 2008
Silver Investing News reports silver prices taking off from the bottom with the current financial markets. Silver’s “next upside price objective”, says RJO Futures analyst Jim Wyckoff “is closing prices above psychological resistance at $11.00/oz.” First resistance is at $10.175 and next at $10.50. Over the next several weeks, perhaps even months, we can expect a lot [...]
Continue reading "Silver climbing out of the bottom?"
Friday, October 31, 2008
Potash Investing News reports potash prices have been holding up despite the gloomy global markets. In September, price support came by way of a strike at three of PotashCorp’s mines in Saskatchewan, record low North American inventories, and sold-out contract volumes at major potash producers. Potash sales have slowed recently as farmers in the United States [...]
Continue reading "Will potash stay on top?"
Thursday, October 30, 2008
Nickel Investing News reports nickel market price have been falling with the recent global economic downturn. The price of nickel used in stainless steel has slumped more than 60 per cent from the beginning of this year and some mining companies have been forced to cut back output or delay projects as prices have fallen below [...]
Continue reading "Miners adjust operations to cope with low nickel prices"
Thursday, October 30, 2008
Aluminum Investing News reports aluminum prices have fallen with the commodity prices falling due to the global economic crisis. Aluminum companies are taking the brunt of the hit with the metal at a three-year low at around 87 cents per pound. Even gold, traditionally a safe haven in times of economic uncertainty, fell below US$700 per ounce last week, [...]
Continue reading "Aluminum’s path to the bottom, are we there yet?"
Wednesday, October 29, 2008
Diamond Investing News reports with the current global market crisis, diamond trading have been hit. Traders expect the prices of gems to deteriorate in the coming months, but no one has any idea as to how much of a change to expect. In order to balance the supply demand equation, the Gem and Jewellery Export Commission of [...]
Continue reading "Global meltdown hits diamond market"
Wednesday, October 15, 2008
Diamond Investing News reports prices of diamond have been stable all year despite the recent turmoil on the markets. Through the commodities price crash, diamond distribution companies have been making record breaking profits on sales of the gem. For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing [...]
Continue reading "Diamonds under pressure"
Wednesday, September 17, 2008
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
Continue reading "ResponsibleMiner.com"
Below is a list of the sites in the Resource Investing network:
For an overview of oil and gas news, please see OilandGasInvestingNews.com
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
For upcoming resource investing trade shows, see the following links: Cambridgehouse, IIC
The Resource Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Thursday, December 18, 2008
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